Adaptive Strategies in Building Business Resilience Amidst the Dynamics of Management Change

Abstract

This study examines the influence of Bank Indonesia’s interest rate policy on credit growth in the Micro, Small, and Medium Enterprises (MSME) sector. Utilizing a quantitative approach, the research analyzes time-series data over a specified period to evaluate the relationship between changes in the benchmark interest rate and the volume of credit extended to MSMEs. The findings suggest that interest rate adjustments by Bank Indonesia significantly affect MSME credit distribution, with lower interest rates generally promoting credit expansion. The study highlights the sensitivity of MSME financing to monetary policy instruments and emphasizes the importance of a stable and accommodative interest rate environment to foster inclusive economic growth. The implications of these findings are relevant for policymakers aiming to balance inflation control with support for MSME development